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Thai baht market conditions: Close 33.01 during the volatile day. Appreciation trend expected tomorrow

Bangkok Bank treasury revealed that the baht closed this evening at 33.01 baht / dollar, appreciated from the morning. which opened the market at 33.15 baht/dollar

During the day, the baht moved quite volatilely. And in the evening, the baht appreciated from the morning. from the weakening US dollar Compared to other major currencies In addition, during this period, funds came into the bond market. As a result, the baht appreciated.

In the morning, the baht depreciated. but during the day The Thai baht is quite volatile. In the evening it came back strong. after the dollar weakened and partly from the flow into the bond market,” the money manager said.

Tomorrow, I see that the baht has a chance to appreciate and fall back to the level of 33 baht / dollar again.

Treasury managers expect the baht to move in the range of 32.86 – 33.20 baht/dollar tomorrow.

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